The Tony Elumelu Foundation focuses on core sustainable development goals, pointing to empowering women and men across Africa, catalyzing economic growth, driving poverty eradication and ensuring job creation. 

With beneficiaries spread across all African Regions – Central, East, Northern, Southern and Western Africa– Tony Elumelu Foundation upholds the private sector’s role in developing the African economy and creating both social and economic wealth.

The programme seeks entrepreneurs with the most innovative, high-potential business ideas across all 54 African countries. Since 2015 with a commitment seed capital of $5,000, the Foundation also offers mentorship and business management training to entrepreneurs. $102 million was invested in the TEF Entrepreneurship programme while $80 million was paid directly as seed capital to support and grow African startups.

Benefits 

• $5,000 nonrefundable seed capital 
• World-class business management training
• Mentorship 
• Global networking opportunities 
• Access to key networks and markets

Eligibility 

• Applicants can be from any one of the 54 African countries
• Applicants must be 18 years and above, and must not be considered a minor in their country of residence. No upper-limit age restriction 
• Applicants can be outstanding African entrepreneurs running existing startups with high growth potential and aspiring business owners with transformative ideas 
• All businesses must be idea or early stage, within 0 to 3 years 
• Application must focus on one business only
• Business ideas must be for-profit and must be the original works of applicants 

How to apply

To participate in the Tony Elumelu Foundation programme 2023, apply now while the portal is still open.

The post Apply: Tony Elumelu Foundation Opens Portal for 2023 Applications appeared first on Tech | Business | Economy.

The SDG Innovation Challenge is a virtual pan-African space designed for young people across the continent to work together and develop solutions using their design and complex thinking abilities in line with sustainability at global scale.

Themed Transformative Solutions against Global Challenges – Accountability in Leveraging Youth Action to Create and Empower, the programme’s goal is to reduce the extreme poverty in Africa, facilitating the growth of the economy and improving livelihoods in many ways.

Why Participate?

Participants will receive the following benefits:

• Access to an unorthodox, dynamic, and diverse platform of youth activists, organizations, and legislators – Tap into a conducive online space to converge around practical SDG solutions!
• A much-needed opportunity to visualize and implement the SDGs at the grassroots level – Participate in the making of our future, and jumpstart your involvement in the sustainable development agenda as an active, passionate global citizen
• Immense networking potential – Build connections, and be part of a community of practice around eco-systemic, collaborative solutions
• A space to exercise your global citizenship muscle – Sharpen and hone skills in leadership, innovation, cross-sector collaboration, analytic thinking, interpersonal communication, intercultural communication, and allied areas.
• Sourcing diversity of thought, background, and sector – Collaborate with people from a plethora of domains, be it engineering, design, civic policy, social justice reform, project management, finance, education, and many others.

Eligibility

• You must be a young African 
• Only groups of 4 to 7 people can register
• Your idea must be at an early stage at the most
• You must have a connection to this year’s challenge theme: Transformative Solutions against Global Challenges – Accountability in Leveraging Youth Action to Create and Empower
• You must have the passion, drive, and commitment to improving livelihoods in your community and beyond
• A genuine interest in sustainable development and desire to contribute to advancing the SDGs in your community and beyond
• The motivation to work in an agile hackathon-like environment, to engage pro-actively, and to ideate extensively throughout the event
• Desire to connect and collaborate with people from different domains and geographies
• The ability to work in an interdisciplinary team
• The commitment to take the idea to completion and remain engaged with the cause post the SDG Innovation Challenge

How to apply

Scale your innovative idea in the SDG Innovation Challenge. Apply before the deadline on Tuesday, November 1, 2022.

The post Apply: Sustainability Oriented Individual? Join the SDG Innovation Challenge to Scale Globally appeared first on Tech | Business | Economy.